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on it because come midnight monday if lawmakers have not found the fiscal cliff solution you're going to hear a whole heck of a lot of noise. let's get straight to washington. nbc's kristen welker at the white house and luke russert is tracking developments at capitol hill and nbc news senior political editor mark murray is here to break it down for us from the washington bureau. we will start with kristen. last we heard, kristen welker, the president came out to report that he is modestly optimistic. has the rhetoric changed at all today? >> reporter: it has changed a little bit. the president is still modestly optimistic, but i just spoke with a democratic source who tells me at this hour a deal is looking doubtful. of course, we want to underscore the fact that these negotiations are very fluid so that characterization could change at any moment, but it seems as though the discussions going on behind the scenes right now have yet to bear fruit and right now we do have the focus on the senate. majority leader reid and mitch mcconnell trying to hammer out a deal that would, to some extent ex
now to avoid the fiscal cliff, house and senate leaders head to the white house for talks this afternoon. we'll also remember the best culture stories of the year from fifty shades of grey to binders for women. first here is a look at today's eye opener at 8:00. >> the president meets with all congressional leaders. no deal can be reached and passed without their cooperation. >> the deadline for the fiscal cliff is now just four days away. >> the president has not laid out a very specific plan to deal with this. candidly congress could have done the same, and i think the american people should be disgusted. >> the commander of operation desert storm died thursday from complications of pneumonia. calling general norman schwarzkopf a hero. >> the weather is footbally moving out, more winter weather is headed to the northeast. >> although it's not a major system it will probably cause travel problems tomorrow. >> there are only two days left before a potential strike and negotiations between the long shore men's union and shipping companies are at
by democrats is working this week, but they're not working on the fiscal cliff. and the house won't even be back to work until sunday, just two days before the year-end deadline. then there is also the milk fiscal cliff. have you heard of that one? if congress does not pass a new farm bill by january 1st, milk prices could nearly double some say to as much as about $7 a gallon. they have until the first to get that done or milk prices go up and with the fiscal cliff, massive tax increases and spending cuts. that's the latest here at the white house, back to you. >> thank you, sherri. >>> we've been getting responses to the cliff talks on our facebook page. that's where we asked you, what do you think about congress and the white house not reaching a deal on the fiscal cliff? do you think it's possible that a compromise will be reached before the deadline? tammy simpson writes -- peggy fleming says -- >> a lot of people fired up obviously over this. >>> traffic is back to normal on the springfield interchange, even while virginia state police continue to investigate a deadly accident ther
confirming they are going to the white house tomorrow to try to find a solution to the fiscal cliff. a with us white house official saying the president will movie theater harry reid, mitch mcconnell, john boehner and nancy pelosi. if they can't work this out and we go over the cliff it means smaller pay checks automatic spending cuts and according to some economists possibly another recession. molly henneberg tracking developments tonight at the white house. what are you hearing? >> hi, harris. senate republican leader mitch mcconnell confirmed it and the white house made it official. there will be a hearing here tomorrow according to a white house aide. it will be on the schedule that the president will talk fiscal cliff with those four top congressional leaders that you mentioned, harris. the president returned to washington today. he cut his hawaiian vacation short to get back to the white house for any possible last minute fiscal cliff meetings and it appears there will be one tomorrow. harris? >> well, what kind of response is the president getting from lawmakers at this point
leaders to the white house, 3:00 this afternoon is the date for one final fiscal cliff showdown. just four days left to get this deal done or massive tax hikes and spending cuts will kick in. >>> the u.s. embassy clearing out of an african nation this morning. deteriorating security in the central african republic has forced the u.s. state department to temporarily suspend operations. there the u.s. ambassador, his diplomatic team and some private american citizens are out of the capital. the country's president has asked france and the united states for help to stop rebels that threaten rule. >>> it's not clear who will replace lisa jackson as the head of the environmental protection agency. jackson announced yesterday she's stepping down in january after the president's state of the union address. the epa created new standards for air pollution from coal power plants on her watch. >>> massachusetts congressman ed ma markey throwing his hat into the ring for kerry's senate seat. a special election would be held early this summer. markey a 66-year-old democrat is the first prominent candid
obama cutting his vacation short to avoid the fiscal cliff but house speaker john boehner says the people who need to take action are not in the oval office. >>> as the investigation continues into the deaths of four americans in libya we're learning people who were initially blamed are back on the payroll with little or no punishment. >>> unbelievable video. some aquariumgoers getting way too close to a real live shark. as close as you can get without becoming dinner. it is all "happening now." harris: hello, everyone, i'm harris faulkner, in today for jenna lee. jon: nice to have you up here in the big studio instead of down in the newsroom. harris: good to be here. jon: i'm jon scott. there is deadly weather pounding the united states. a powerful winter storm bringing snow and driving rain to the northeast. blizzard conditions in some areas. it is the same system that brought winter storms and tornados to the south and midwest. at least 12 people have died in this system. we're seeing major travel problems today as well. some areas are getting slammed all night long. anna ko
have to work tomorrow, presumably on the fiscal cliff, should the house republicans, the leadership, call that body back into session? >> well, i think speaker boehner will be in on the negotiations, and he will know when something might go through the senate, and he will certainly call the house in time to address this. they are prepared to go back, but right now, the action is in the senate, and i know that we're all trying to come up with and talk to our colleagues about some kind of way to avoid this massive increase in taxes that would occur if we don't act. and the things that are going on beneath the surface, i think, are important in the senate side, and i know the speaker will call them back when it's necessary. >> on a different issue, you're from a border state, you're, obviously, retiring soon. immigration, it's something that your party tried to accomplish under george w. bush, was not able to. as someone who can sort of speak freely about it, what's going to need to happen -- what's going to need to be seen from republicans and democrats for that to move forward in any
. the senate is working on issues other than the fiscal cliff. the house doesn't return until sunday. president obama got back today but no significant progress towards a deal. democrats and republicans are fighting about process and issues. republicans want democrats to come up with a new proposal. house republicans say sign on to their proposal, keeping tax ritz rates where they are. when it comes to this impasse, both sides have taken to blaming one another. >> the house of representatives is operating without the house of representative. it's being operated with a dictatorship of the speaker. not allowing the vast majority of the house represents to get what they want. if the 250 would be brought up, it would pass overwhelmingly. >> we wanted an agreement. but we had no takers. the phone never rang and so now here we are five days from the new year and we might finally start talking. >> even if democrats and republicans, their leadership and the president, were to strike a deal on the fiscal cliff, it will take a couple days for the senate to work through it, the house to work through it an
sunday session. >> reporter: it may already be too late. days before the fiscal cliff, and with the house of representatives out of town until sunday, senate majority leader harry reid admitted a deal seems unlikely. >> i have to be very honest, mr. president, i don't know time wise how it can happen now. >> reporter: in a scathing attack, reid called house speaker john boehner a dictator, and blamed him for letting members stay home with no deal in sight. >> we are here in washington, working. while the members of the house of representatives are out watching movies and watching their kids play soccer and basketball. john boehner seems to care more about keeping his speakership. >> reporter: the republican leader responded saying it's democrats who failed to lead. >> make no mistake, the only reason the democrats have been trying to deflect attention onto me and my colleagues is that they don't have a plan of their own. >> reporter: president obama returned to washington for a last-minute push before leaving vacation in hawaii, he had separate phone conversations with congressional leade
or not there will be a deal to avert the fiscal cliff. now, after that conference call. the house speaker john boehner, his number two eric cantor the majority leader put out a statement putting the onus on president obama and for the reason why there has not been a deal so far. basically saying they can't move forward in the house without some sort of action in the senate the next few days. what they left out of that, unfortunately, is the reason why they are waiting on the senate to do something. the senate coming into session tomorrow, by the way. is that speaker boehner couldn't get enough votes to move forward on a plan to avert the cliff last week. that's why we are where we are right now. the president will be boarding air force one in a few hours. flying overnight back to washington. is he likely to bring together congressional leaders in the next couple days when he he gets back to washington. time is running out, harris. >> harris: no breaking news in any of that. but we did see some today. treasury secretary tim geithner saying we could hit the debt ceiling the day after we follow off the fiscal
on a plan to avoid the so- called "fiscal cliff." but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon, a new poll finds the gop gets the biggest share of the blame for the stalemate. >> both sides here have a problem with the american people and it's why congress has 11% job approval rating. >> even starbucks is gettingismy for an agreement. its employees are writing "col together" on coffee cups in d.c. to try to encourage compromise. >>> hawaii's lieutenant governor brian shots will replace the late democratic senator daniel inouye who died of respiratory complications last week. on the day he died he wrote to the governor asking for a female representative to replace him. she made it to the final round of consideration but did not win the nomination. >>> and former president george h.w. bush is in intensive care at a houston hospital with a fever and cough. mr. bush was admitted to the hospital more than a month ago with a bad case of bronchitis. he was then moved to the icu this past sunday. a bush family s
vacation to get back to the white house for possible last minute fiscal cliff talks leaving his wife and daughters in hawaii. the vice president is scheduled to be here today for meetings. don't forget the obama administration and congress have the debt ceiling hanging over them. the u.s. set to hit the borrowing limit of over $16 trillion by the end of the year. there's a lot going on at 2012 winds down. in congress, the senate is in session, the house is not. it's the first time either chamber has been in session for business between christmas and new year's since 1970. >> trace: so they're coming back to work. the president probably wished he stayed in hawaii because not much has changed. >> both sides are waiting for the other to make the first move. senate republicans are ready to look over a plan the democrats put forth but they say there's no plan. this morning the top senate democrat, harry reid, chided the top house republican, john boehner, nor not calling the house legislators back into zes speaker boehner should call them back today. he shouldn't have let them go in fact.
.s. senate passes a bill to avert the fiscal cliff. as the president wrapped up his vacation, federal workers trickled back into the nation's capital. but the only people who can avert the fiscal cliff, members of the house and senate, have not returned, and, in just six days, a 2% payroll tax is set to expire, along with the bush era tax cuts, shrinking the average workers' paycheck in 2013 by about $1,500. long-term unemployment benefits for about two million jobless americans are also set to expire, and $110 billion worth of spending cuts to both domestic and defense programs will start to kick in, forcing layoffs in the public sector and for some private sector government contractors. economists predict that if congress doesn't act, all those cuts and new taxes will push the economy back into a mild recession by mid-2013. the impact of some of these cuts and taxes would not be felt immediately on january 1. that's because the i.r.s. and other agencies didn't expect it to come to this, and so it will take a few weeks for workers to see more money being withheld in their paychecks, jim. >>
after lawmakers in the house announced they planned to meet sunday to discuss the fiscal cliff. congress and the white house now have less than a week to resolve that impasse. but here's where we ended up. checking the numbers for you -- >>> individual investors pulled $150 billion out of the stock market for the third year in a row. but institutional investors, the hedge funds, the pension funds, they're actually adding to their stock positions. they're poured more than $80 billion into stocks so far this year. >>> it may be time to refinance your mortgage. mortgage rates fell to near record lows yet again this week. freddie mac says the average rate on a 30 year slipped to 3.35%. that's not far from the record. 3.31% that we reached about a month ago. low mortgage rates are making home buying more affordable and allowing more americans to refinance their loans. >>> more americans are shifting to e-books. a pew research study finds 23% of americans have read on electronic book this yore. that's up from 16% last year. at the same time readers of traditional books dropped from 72% to 67%.
that they are getting something done, the fiscal cliff meeting at the white house right now. what were the mechanics of rushing the deal through congress and getting it passed into law? what would that look like in four days? lisa desjardins joins us now. what will it look like? >> well, there is a couple of possibilities, don. one is that they take sort of the remnants of one of the bills that passed the house or the senate and they just change it. they add whatever is in this deal to it. they have a whole bunch of vehicles that are possible for that. one sticking point, because this deal would most likely deal with taxes, there is a rule in the constitution that is has been interpreted by most every side to determine it has to begin in the house, revenue measures begin in the house. they need a bill that starts in the house, okay, they have a lot to do that. then the trick is making sure they have the votes. i think if we see anything come out of tonight's meeting, anything substantial, that's what is going to happen this next day and a half. leaders on both sides have to make sure they have got t
, president obama and the top lawmakers meet today at the white house on the fiscal cliff. any compromise is expected to include an extension of the middle class tax cuts with increased rates at upper incomes. spending cuts could also be canceled. ahead of those talks, plenty of blame is being spread around already. >> john boehner seems to care more about keeping his speakership than keeping the nation on firm financial footing. >> hopefully there's time for an agreement of some kind. >> speaker john boehner called the house back into session for a highly unusual sunday evening session just in case. >>> an unexpected consequence of the fiscal cliff stalemate could mean sticker shock at your grocery store. milk prices could soon spike to $8 a gallon. wow. congress has been so bogged down with the fiscal cliff, the farm bill is still on the table. if congress does not pass it, dairy subsidies would immediately end on january 1, and those subsidies have been keeping milk prices low for 63 years. >>> the price of curbside parking in chicago is going up january 1. parking meters will charge $
accident in annapolis. >> four days to avoid the fiscal cliff. the last minute meeting at the white house. >> the port here in baltimore could get shut down this weekend if the workers decided to strike. i'm kim dacey live with details. >> first, a white christmas, and now a white new york? keeping an eye on chances of snow tomorrow in new year's day. as 11
. the house has passed legislation to avoid the entire fiscal cliff and senate democrats have not. now they are coming into the meeting and there is already acrimoney instead of reconciliation. >> part of the problem, i am sorry, the house passed two spending bills and ideas to meet the fiscal cliff and cent -- subject it to the senate. they have two over there . john boehner said let me get third plan b . everybody is like where are the republicans on this? they should have stayed firm on the ryan plan. it was the best . back track a year ago. this stems from the failure of the super committee that stemmed from the simpson-bowles commission failing. simpson-bowles. they got together and made the recommendation to president obama who commissioned that study can. >> kelly: and yet rejected it. >> that fail would and went to the super committee. they need to get together. >> julia: if you watched fox news channel yesterday. there is a map with red dots and that is the newspaper and the lower hudson valley of upstate new york published the addresses of gun owners and now as you were talki
at the white house today to try to reach a deal on the fiscal cliff. in the meantime, harry reid refers to john boehner's leadership as a dictatorship. not helpful. >>> but first, to your top stories this morning -- retired general norman schwarzkopf died thursday at his home in tampa, florida, he's credited with devising the plan that drove saddam hussein's forces out of kuwait in 1991. known as stormin' norman for his strong personality. >>> the general said that he did agree with president george h.w. bush's decision not to follow saddam's decision into baghdad. >> ladies and gentlemen, when we here, we were 150 miles away from baghdad and there's nobody between us and bagsd. if our intention to take iraq, to destroy the country, if it had been our intention to overrun the country, we could have done it unopposed from this position at that time. >> schwarzkopf was honored for his service with the medal of freedom. queen elizabeth even awarded him with a knight hood. >>> former president george h.w. bush praised his leadership yesterday. general schwarzkopf is survived by his wife and three k
to the white house for a late afternoon fiscal cliff meeting which brought the president and congressional leaders together for the first time since november, but it's unclear if it brought country any closer to avoiding the fiscal cliff. >> i'm modestly optimistic that an agreement can be achieved. nobody is going to get 100% of what they want, but let's make sure that middle class families and the american economy and, in fact, the world economy aren't adversely impacted because people can't do their jobs. >> reporter: the president called the meeting as lawmakers pointed fingers in this high stakes game of chicken. >> it's republicans who are holding hostage the middle class in america so that the wealthy don't have to pay their fair share. >> we need two words, presidential leadership on not just taxing rich people, we could tax all the rich people and cut their heads off and it wouldn't help the medicare fiscal cliff. >> reporter: with time running out hopes for a grand bargain have diminished with talk now of a smaller deal that extend bush tax rate for the middle class and extends
have breaking news from the white house where president obama is talking about the fiscal cliff after a meeting with congressional leaders. let's listen in. >> also ask lobbyist americans to pay a little more. above all, protect our middle class and everyone who is striving to get into the middle class. i want to still get this down. the right thing to do for our families, our businesses, and for our entire economy. but, the hour for immediate action is here. it's now. we're now at the point where, in just four days, every american's tax rates are scheduled to go up by law every american's paycheck will get considerably smaller. and that would be the wrong thing to do. for the economy, would be -- it would be bad for middle-class families and for businesses that depend on family spending. fortunately, congress can prevent it from happening if they act right now. i just had a good and constructive discussion at the white house with senate and house leadership about how to prevent this tax hike on the middle class. and i am optimistic we may still be able to reach an agreement that can
to reach a fiscal cliff deal. the senate and house are expected to reconvene tomorrow. we're six days away from possible across the board tax increases and spending cuts. >>> former president george h.w. bush is still in a houston hospital. his wife, barbara, and other relatives at his side. the 88-year-old has been in the hospital for more than a month with a lingering cough and recently had a low grade fever. doctors remain cautiously optimistic about a full recovery. >>> a claim of facebook privacy breach within the zuckerberg family. his sister says a family photo was reposted by another person on twitter. randy zuckerberg called the woman out. the woman apologized said it was public because it was in her facebook newsfeed. >>> in china the longest high speed railway opens, connects beijing with guangzhou, 1,500 in eight hours, but tickets start at $138, and they're a little pricey for some people and many travelers say it's cheaper and faster to fly. >>> a report just out this morning shows home prices up in october, the biggest annual gain in more than two years. alison kosik joins u
the fiscal cliff was 10 days ago. republican leaders in the house are waiting for the senate democrats to act. they want to see what kind of bill harry reid brings forward on the floor. he is looking at republican leader mitch mcconnell to say what are you willing to accept? so here we are. there is blame game going on. there is lot of maneuvering still. bottom line we'll probably meet this weekend heading up to the fiscal cliff and we'll see what the final offer is to see if they can push it across the finish line. gregg: mike, we're getting word the president has nod no meaningful conversation with anybody own capitol hill, especially john boehner and yet we do hear, that, you know, the seeds have been talking. that staffers have actually been negotiating. what do you hear? >> reporter: that's right. we heard there have been ongoing discussions, taking place throughout the christmas holiday but at this point republicans are saying they took a beating, if you will, trying to lead in the house, a deal that did not go very far. so they're saying, okay, harry reid, senate democrats, see what yo
. that is when the house and senate is expected to reconvene. >>> starbucks weighing in with the own fiscal cliff campaign. workers at 120 d.c. area stores are asked to write this on their cup. come together. yeah, he says it's a way to send elected official as a respectful but potent message, urging them to come together to fin common ground. not grounds, ground. >> all of the bickering in washington, all it will take is a cup at starbucks, i think it will push everybody over the edge. get a deal. >>> ahead, a u.s. marine who languished in a mexican prison for months, gets to spend the holidays at home with his family. >>> coming up, we'll talk to one of the lawmaker who's helped win his release. you're watching "starting point." ♪ everybody well don't you know it's me now? ♪ ♪ yeah who's it, who's it huh? ♪ ♪ willy's back with a brand new beat now, ♪ ♪ yeah doin' it doin' it up! ♪ heyyy yeah, tryin' to bite my style! ♪ ♪ heyyy yeah, how you like me now? ♪ ♪ na na na na na na na na ♪ and everybody go uh! time for citi price rewind. because your daughter really wants tha
the "fiscal cliff" today. but house gop leaders say they will not return to washington unless the senate passes a bill. with no deal on the horizon a new poll finds the gop gets the biggest share of the blame for the big stalemate. >> both sides have a problem with the american people and it's why congress has 11% job approval rating. >> even starbucks is getting itchy for an agreement. its employees are now writing "come together" on coffee cups sold in its d.c. stores to encourage compromise. hopefully they will get something done. >>> hawaii's lieutenant governor brian maass will brian schotts will take the place of deceased senator daniel inouye. he wanted a woman to replace him, and she made it to the final round of consideration but didn't win the nomination. >>> former president george h.w. bush is in intensive care with fever and cough. he was admitted more than a month ago with bronchitis. he was moved to the icu sunday. a family spokesman says the 88- year-old is alert joking with doctors but had yet to respond to fever-reducing medicine. so we wish him well. hope he gets bette
: they are frustrated. they wanted that house republicans to return a lot sooner to work on a fiscal cliff deal. we know that it will not return until sunday, the house, here is democrat chris van hollen from maryland. reporter: this is not a show. the last ditch effort to bring congressional leaders together to try to get at least a small package ordeal together before the new year. in order to avoid some of the tax hurts of the fiscal cliff and unemployment. reporter: while there are discussions about a final fiscal cliff deal, there is finger-pointing going on. the blame game, if you will, if everything falls apart and the u.s. economy goes over the fiscal cliff. harris: i have to tell you that wall street is starting to react for a fifth day of losses on wall street. stocks are reacting, it is the final friday before the fiscal cliff. the dow is a 55-point drop, but it has been lower at that. it is still early in the trading day yet. the forecast for today is not looking good. a fifth day of concern there among investors on wall street. jon: flirting with out 13,000 barrier. part of the looming fisc
morning. >> good morning, duarte. yes. hopes for legislation to avoid the fiscal cliff now turns to the senate, but white house and republicans remain far apart. senators and staffers will be filling these empty hallways today trying to work out a deal to avoid the fiscal cliff. higher taxes will give the average american about $1,500 less to spend next year, and economists believe the $110 billion spending cuts will result in more layoffs. senator harry reid has a plan to keep taxes low for everyone making less than $250,000 a year as well as short-term spending cuts until a bigger deal can be reached. >> it is going to be a patch because in four days we can't solve everything. >> while senators try to brave the bad weather in many parts of the country in order to make it back here to washington, house leaders say they will not leave home unless the senate passes its bill first. house republicans scuttled a proposal from speaker john boehner last week, and 48% of americans say they are to blame if no deal is reached. >> both sides here have a problem with the american people, an
house, on avoiding the fiscal cliff. president obama meets with four congressional leaders, boehner, pelosi, reid, and o'connell. the rhetoric getting more angry and disconnected in final moments. i want to bring in michigan senator debbie stabenow now. thank you so much for being with us. >> sure. >> it really is disconnected. everywhere i go, people ask me a simple question. why can't they get this deal done? harry reid got up and said we're just procedurally not going to get this done in time, it caused people to say why not? this is the most anticipated problem we've ever had. it just -- regular folks folks look at washington and say what is going on. >> ali, i'm here and saying what is going on. there are basically three pieces to solving the deficit, right? one is spending and we have agrowed to $1.6 trillion in spending cuts in the last two years and the other is spending cuts. we put forth spending cuts of over $700 billion. not cutting care to seniors, but cutting overpayments to insurance companies. the burden of the deficit must not just be on the middle class. the wealth
on that fiscal cliff countdown. >> reporter: lawmakers summoned to the white house for an emergency summit to try to hammer out a deal to avoid the fiscal cliff and describe the talks as productive. they didn't produce an agreement. from the senate floor, words of optimism from minority leader mitch mcconnell. >> we're engaged in discussions, the majority leader and myself and the white house and in hopes that we can come forward as early as sunday and have a recommendation. >> reporter: harry reid took a cautionary town, perhaps to allay the fears of americans who are wonder how long going off the cliff will affect their paychecks. analysts say taxes on people making between 50,075,000 a year will go up an average of $2,500. >> whatever we go up is going to bem perfect. some people are not going to like it and some will like it less and that is where we are. i feel confident we have an obligation. >> reporter: president obama said that it's important for congress to vote on some type of package before it expires. >> if the agreement is not reached in time between senator reid and senator mcconne
the fiscal cliff. now all eyes will be on the senate after house republicans said it's up to them to reach the deal. nbc's danielle leigh is on capitol hill. what's the latest? >> it's another day and another standoff. john boehner may not even bring the house back to town until the senate comes up with a possible plan. >> reporter: obama leaves his tropical retreat in hawaii for a wintry washington, tension on capitol hill is on high. >> i don't so how you could hammer out any kind of a grand bargain or large plan involving tax reform and entitlement changes in a matter of days. >> reporter: serious doubt is setting in. even starbucks is getting involved, writing "come together" on its cup. speaker john boehner says he's sitting this round out after failing to get enough house republicans to support his own plan just before christmas. >> i think boehner is being controlled unfortunately by the right wing. >> reporter: that leaves it up to majority leader harry reid and the rest of the senate to find a possible solution. aides say reid's plan would avoid tax increases for people making les
package they come up with. now that we're days away from actually going off the fiscal cliff where these automatic massive spending cuts as well as large tax increases got into effect you have to have low expectations. it appears the white house is very confident in waiting for the republicans to make the next move. they keep saying inside the white house this is up to the republicans. they're the impediment here. when you listen to senate republican leader mitch mcconnell he basically said yesterday when he got a phone call from the president two nights ago it was the first time he heard from a democrat about the fiscal cliff negotiations, whether the president, senator reid or others in about a month, around thanksgiving. with the democrats not reaching out to senator mcconnell for a month, doesn't seem like they have been pushing very hard for a deal, gregg. gregg: has the bickering between reid and boehner sort of poisoned the negotiations past the point that, you know, maybe this meeting will help at all? >> reporter: it may have because it's really, we've seen tensions escala
.b.r. >> susie: good evening everyone. i'm susie gharib. fiscal cliff talks at the white house end with no deal, but president obama says he's still hopeful and says "we've got to get this done." gold prices pulled back today on worries about the fiscal cliff, will the metal shine in 2013? then cuba, tonight's "market monitor" sees big opportunity on the tiny island when the embargo's lifted. thomas herzfeld, of thomas herzfled advisors joins us. that and more tonight on "n.b.r."! president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a it
. >>> now, to the fiscal cliff. still looming large as president obama returns to the white house this morning. the president cut short his christmas vacation in hawaii to get back to washington. congress will be in session today, amidst fading hope that a deal could be reached by the new year. no agreement would mean spending cuts and historic tax hikes for virtually every american. >>> officials in newtown have a message for people who want to send gifts to the grief-stricken town. please don't. they say gifts have arrived in such numbers, they overwhelmed the small community's ability to process them. a fund established after the shooting to support newtown has grown to $3.5 million. >>> meanwhile, hundreds of schoolteachers plan to attend firearms training today in salt lake city. the 200 teachers come from districts across utah. they have volunteered for the concealed weapons training. organizers say in past years, only a few dozen teachers attended the training. they're expecting an overflow crowd because of this month's tragedy in newtown, connecticut. >>> west webster volu
. >> 30 hours to go until the country hits the fiscal cliff and still no deal. i'm melissa rayberger, and the white house has sent one of its top negotiators to capitol hill, but right now it's all centered on the senate, and as democrats dig in to protect social programs, republicans do the same on taxes. >> raising taxes to pay for new spending is not something that republicans believe this debate ought to be about. it ought to be about reducing the deficit and the debt, and what they are essentially suggesting is we want new taxes. we want higher taxes on people in this country to pay for new spending. >> so what happens next? with us nbc news capitol hill correspondent mike vic rah and nbc news white house correspondent kristen welker. mike, let's get started with you. what's happening right now in the senate. i understand there's an update on the chained cpi. >> reporter: they say the darkest hour right before the dawn, melissa. everybody ought to hope that's true, at least if you don't want to see your taxes go up on midnight on monday and tuesday night because everything seems
in washington today to figure out an 11th-hour deal on the fiscal cliff, but what about the house, which punted on boehner's plan b. house congressman steve latourette, by the way someone who has repudiated grover norquist's pledge joins us next. >>> and mark zuckerberg's sister confused about facebook's privacy settings. we'll have the details of that ahead. people really love snapshot from progressive, but don't just listen to me. listen to these happy progressive customers. i plugged in snapshot, and 30 days later, i was saving big on car insurance. with snapshot, i knew what i could save before i switched to progressive. the better i drive, the more i save. i wish our company had something this cool. you're not filming this, are you? aw! camera shy. snapshot from progressive. test-drive snapshot before you switch. visit progressive.com today. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the
the can down the road, jeff, we'll do some small deal and create another fiscal cliff to deal with this fiscal cliff. >> just let the people's housework its will. instead of handing over the keys to the most extreme elements in the house republican caucus. >> a lot of people donnell realize he is blocking a vote in the house. >> i think in the end we'll get a deal. the question is the timing. >> i am hopeful there will be a deal that avoids the worst parts of the fiscal cliff. >> i want to bring you in and say good morning to sander levin. sir, it's good to have you with me. what is your expectations or thoughts about hear that the president and vice president joe biden are calling the four congressional leaders behind closed closed doors today. >> i am hopeful. i wouldn't say i'm optimistic, but i think confidence has gone down. i think the key is whether the speaker will be the speaker of the entire house and let the matters come before us where there could be a majority of democrats and perhaps a majority of republicans, but let es speak our will and act on our will. that's
at the last afternoon at the last weekend before this fiscal cliff it is not 100% clear to me whether house companies will choose to take up and pass a plan which i expect we will consider later today in the senate. there are enough republicans and democrats in the senate willing to vote to give comfort to give some relief to the coming tax increase to 98% of americans that i suspect we could get that deal done in the senate. my core question is whether republicans are willing to join us in doing that and reduce the potentially negative impact on our economy and on the overwhelming majority of americans. >> shannon: how do you respond to house republicans who will say we have sent you a couple of bills and voted on something that would stop tax increases and deal with sequester and sent them to the senate where they languish and never get a vote. even if the leadership there doesn't approve of the up, voteng content of the bill on them, amend them, why hasn't that happened? >> great question. what we saw last week is that speaker boehner attempted to pass and failed to pass a bill that woul
into the fiscal cliff battle sending a message to lawmakers and the white house via a cup of coffee. plus my interview with the man in chanlg of the nra's controversial proposal to put guns in every american school. tr streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male
a deal can be cut in time to avert the fiscal cliff. on saturday, the president was at work here in the white house but all eyes were on the senate where negotiators were trading deal points and revenue figures to try to reach an agreement all sides can stomach. the baseline for the president, any bipartisan bill would have to extend unemployment insurance that would affect some 2 million americans and increase taxes for the highest income earners. but negotiators can still work out exactly where that tax increase would hit and whether they would halt an increase in the estate tax. in case those discussions break down, the president asked harry reid to prepare a separate bill to put on the floor of the senate that would raise taxes on households that earn $250,000 or more. now, that's really a democratic proposal and you could expect republicans to block it, so, rather than thinking of that as a stop gap measure, probably think of it as a political measure to shift the responsibility for failure on to republicans just before the nation hits the hour of wreckening. alison? >> than
with the white house to find a away to avoid the fiscal cliff. harry reid saying they will meet together sunday to vote on something to can take a vote on. markets slide amid growing fear unable to reach a deadline. a fifth straight day of losses. on this day in 18 the 5. for first time members of the public would pay to see a movie. the brothers were sce
at. last-minute talks at the white house over the fiscal cliff ends with no announcement of a deal. a 6-year-old british girl abducted by her father and taken to pakistan is reunited with her mother in the u.k. welcome to "bbc world news." also to come, no where to pray for moslems in athens. and a quite at hollywood that revolution, making big returns to the silver screen
one is avoiding the fiscal cliff. >> unless the president obama and congress can reach a deal by the new year, tax increases and spending cuts will take deep effect. >> president obama's re-election was one of the biggest political stories of the year. >> with the first of our year enders, here's abc's karen travers. >> reporter: president obama had to overcome a well funded opponent, struggling economy and voter doubts that he had the right agenda to turn the nation around. and after a roller coaster season, he got them. mitt romney may have started off at the front runner, but to win the republican nomination, he had to fend off some feisty challengers. >> he's the worst republican in the country to put up against president obama. >> reporter: and overcome some self-inflicted wounds. after 50 primary contests, romney clenched the nomination and it was on to the general election. >> it will be a choice between -- >> two very different paths. >> reporter: their battle focused on the economy. >> we can't afford another four years like the last four years. >> we need more tax cu
will weather the storms to get back to washington today with five days left to avert the fiscal cliff, and now all eyes will be on the senate after house republicans say it's up to senate leadership to reach a deal. nbc's danielle leigh is live on capitol hill. danielle, what's the latest? >> reporter: mara, good morning. it's a new day and a new standoff. this time, house speaker john boehner is hinting he won't bring house members back to town until the senate comes up with a passable plan. as president obama leaves his tropical retreat in hawaii for a wintry washington, tension on capitol hill is on high. >> i don't see how you could hammer out any kind of a grand bargain or large plan involving tax reform and entitlement changes in a matter of days. >> reporter: serious doubt is setting in. even starbucks is getting involved, writing "come together" on its cups. speaker john boehner says he's sitting this round out after failing to get enough house republicans to support his own plan just before christmas. >> i think that boehner is being controlled, unfortunately, by the right wing. >> re
on the fiscal cliff. will congress and the white house be able to come together in time to avoid a 500 billion dollar tax hike. live reports from washington just a second away. >> dave: and president obama ordering pay raises for members of congress and other federal workers, even though we're dangling off the edge of the fiscal cliff. >> juliet: love it. >> dave: might cut your paycheck. we're not kidding. more info on that. >> clayton:'s he one of our favorite television neurotic guys, he's neurotic in real life, larry david. >> you came by the hall, wouldn't let me get by wouldn't let you get by me? >> my appointment was 11:30, yours is 11:45. >> clayton: turns out being neurotic may actually be good for you. we'll explain. "fox & friends" hour two starts right now. ♪ >> oh. >> juliet: why is that good news? why are you smiling about that neurotic thing? >> i agree with larry david on a lot of things. stop and chat, laboring about it all day, stop and chat. >> juliet: i move it along and the elevator is the worst. >> dave: stop and chat and you want to talk to clayton and you get natalie
-called fiscal cliff as soon as he lands. the goal, to work out a deal that can solve the political gridlock before the new year. the senate will reconvene today. the house, however s not back in session after the failure of speaker john boehner's plan b last week, house members are saying the ball is now in the senate's court. >>> former president george h.w. bush is in the intensive care unit at a houston hospital this morning. according to a statement from the bush family the president has been in intensive care since sunday, after suffering a series of setbacks, including a persistent fever. they also say he's relentlessly positive and spends time talking and joking with his doctors. in the next hour we'll take to you houston for a live update on the president's condition. >>> it's called one of the largest lawsuits of its kind, toyota agrees to a $1.1 billion settlement. we'll tell you who benefits and if one of the people who benefits is you. [ male announcer ] it's that time of year again. time for citi price rewind. are only citi price rewind automatically searches for the lowest pri
reach the fiscal cliff. the congress and the white house are running out of time. there was supposed to be a leadership telephone conversation today, while the president heads back here from hawaii. senior congressional correspondent dana bash is following that closely, so we'll be checking in with her. we're also staying on the story of the gun culture in america. we'll talk to former congressman asa hutchinson, a man who is very well known here in the nation's capital, a long-time friend of the gun lobby. he's been tapped to lead the nra plan to put armed guards in schools.nra plan to put armed guards in school. also the weather is a very big story. blizzard conditions in indiana and other places. we'll take a look at just how bad that can get. all that at the top of the hour. >> joe johns, thank you. >>> they inspire us, sometimes they even anger us. they're the most intriguing people of 2012. so who made the list? broo brooke baldwin counts down the top ten people who shaped the year that was. >> number 10, john roberts.broo top ten people who shaped the year that was. >> number
political fault and damage if we go off the fiscal cliff because all the polls show a majority of americans will probably blame republicans for not passing at least tax cuts to extend for 98% of americans. so both have a good point. >> it begs the question i want to you answer, what are they all doing here? if nobody is interested in getting this deal? >> as dana pointed out, lots of house republicans would rather vote on something after the 1st than before. i haven't seen any indication from obama or the people around him that they are okay with going over the cliff. they really do seem to want to do something before the deadline. they seem desperate to do that. plenty of liberals say, go over the cliff. big cuts in the pentagon and big tax hikes. the white house, from all indications that i've seen, they don't want that to happen. they are scared of what could happen to the markets. >> why aren't they dalg dealing with boehner? dana, be go ahead. jumpb in here. >> i think they won their negotiating power once boehner last week failed. as dana pushed out, the only thing that can get boehne
to strike a fiscal cliff deal before it's too late. so far, though, neither side have put forward a deal that will pass both houses. so what will it take to get members lined up behind a yes vote, kelly? >> kelly: might be a prayer. >> heather: do you have a plan? >> kelly: how about a prayer. and before you count down to 2013, you may want to break out some champagne and st. sparkling wine. "consumer reports" is here with the best bubbly for your buck with the spark miles card from capital one, thor gets great rewards for his small business! your boa! [ garth ] thor's small business earns double miles on every purchase, every day! ahh, the new fabrics. put it on my spark card. ow. [ garth ] why settle for less? the spiked heels are working. wait! [ garth ] great businesses deserve great rewards. [ male announcer ] the spark business card from capital one. choose unlimited rewards with double miles or 2% cash back on every purchase, every day! what's in your wallet? [ cheers and applause ] a body at rest tends to stay at rest... while a body in motion tends to stay in motion. staying act
. >> president owe pa ma returns to washington today with five days to avoid the fiscal cliff. >> all eyes will be on the senate after house republicans said it's up to senate leadership to reach a deal. >>> starbucks is urging action asking baristas in his washington, d.c., cafes to write the word "come together" on the cups. >> a new york newspaper facing backlash after it published the names and addresses of local gun owners. >>> a busy shanghai shopping center a shark tank exploded. >>> the windy city of chicago will sport america's most expensive parking meters. >> what do you think about that? >> too much. >> all that -- >> smith catches, shoots puts it up, puts it in at the buzzer! j.r. smith with another game winner! >>> what is your favorite app? >> scrabble. >> sometimes i want to yank that out of your hands. >> and all that matters. >> an endangered thin backed whale watched up on the breezy point section of queens. >> on "cbs this morning." >> i know he's smiling but that medal hanging around his neck there's a 40% chance he'll hang himself with it. captionin
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